Managing Director - Health and Benefits Consulting (Midwest)
About the role
The Managing Director - Health and Benefits Consulting will serve as the strategic partner and trusted advisor to large, complex clients in the design and management of their health and benefits programs. They will lead large, highly visible client engagements, develop and manage active pipelines, grow relationships with current and prospective clients, and contribute to the evolution of health care delivery in North America.
Responsibilities
- Serve as the strategic partner and trusted advisor to large, complex clients in the design and management of their health and benefits programs
- Primary accountability for creating and executing a business strategy to penetrate the local and regional market in obtaining completely new Health and Benefits clients of the company; retain and grow revenue with clients once on board
- Meet or exceed revenue and market penetration goals
- Serve as senior Health and Benefits strategist for clients, ensuring that health and welfare plan design meets clients’ needs and fits within overall benefits strategy
- Raise awareness of WTW's capabilities in the marketplace through conference appearances and various other profile building venues
- Contribute to the development of new tools and approaches
- Build relationships internally with sales and marketing team and consultants within and outside H&B to effectively collaborate on sales opportunities
- Help to identify and develop future talent
Qualifications
- 15+ years’ experience in the design/management of large group health and welfare plans gained in a consulting or brokerage environment
- Track record of success in managing and growing large client relationships, together with proven ability to generate revenue
- An executive presence with polished and well developed written and oral communication skills
- Ability to influence and collaborate with senior management and work across all levels of an organization
- Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy and contributing to the development of new tools and approaches
- Excellent Microsoft Office skills, particularly in Excel and PowerPoint
- Availability to travel regularly
- Bachelor’s degree preferred; high school diploma required
- State Life and Health license required within 90 days of joining
Compensation and Benefits
Compensation and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
The base salary compensation range being offered for this role is $200,000.00 - $250,000.00 USD annually.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits:
- Health and Welfare: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identity theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance, and other work/life resources.
- Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.